Cost of Living: Dallas, TX vs Waco, TX
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Dallas, TX versus $4,516/mo in Waco, TX. In the model, rent is about 20.45% of gross in Dallas, TX versus 15.99% in Waco, TX, so Waco, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Dallas, TX and Waco, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Dallas, TX
- Lower rent (median 1BR/2BR): Waco, TX
- Lower home prices: Waco, TX
- Higher median household income: Dallas, TX
Cost of Living Index
Dallas, TX: 96.8 (U.S. = 100) · Waco, TX: 100 (U.S. = 100)
Dallas, TX has a lower cost-of-living index than Waco, TX, so a given salary generally stretches further there.
Median Rent
Dallas, TX: $1,333/mo (midpoint of 1BR/2BR) · Waco, TX: $1,043/mo
Median rent in Dallas, TX is $290/mo higher than in Waco, TX.
Median Home Price
Dallas, TX: $295,300 · Waco, TX: $199,600
Median home price in Dallas, TX is $95,700 higher than in Waco, TX.
Median Household Income
Dallas, TX: $67,760 · Waco, TX: $51,468
Dallas, TX has a higher median household income than Waco, TX by $16,292.
Dallas, TX overview · Waco, TX overview · Popular comparisons